DopeCoin (DOPEUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, DopeCoin began a wave one advance on November 2, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 31, 2017, and the red wave two (blue sub-waves a-b-c) correction ended on February 6. If this wave count is correct, DopeCoin should be heading next towards the December 31, 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Looking at the monthly chart, I believe DopeCoin is currently in the red wave five (blue sub-wave iii). The red wave five began on November 2, 2017.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
DopeCoin is a digital currency for marijuana enthusiasts. HODLer God published a video on January 3 with the recent developments in DopeCoin and what to expect.
(Sources: https://dopecoin.com/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "DopeCoin will takeout the December 31, 2017 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "DopeCoin will drop below the November 2, 2017 low".
If you think DopeCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "DopeCoin will stay in a trading range between the November 2, 2017 low and the December 31, 2017 peak until April 24".
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